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Bullion for Goods: European and Indian Merchants in the Indian Ocean Trade, 1500-1800

Om Prakash (Author)
Synopsis The spectacular rise in world trade following the great discoveries of the closing years of the fifteenth century had important implications for each of the major segments of the newly emerging early modern international economy. As far as Asia was concerned, the commercial operations of the European corporate enterprises as well as private traders in the Indian Ocean region between the sixteenth and the eighteenth centuries had far reaching consequences for the economies and the polities of the countries of the region. Asian merchants engaged in the Indian Ocean trade interacted with the European intruders into the Ocean in a variety of ways. The twenty-one essays included in this volume are firmly embedded in original archival sources. They deal mainly with issues arising out of the Europeans' commercial presence in the Indian Ocean region and the interaction they had with their Asian counterparts. The volume discusses how over a span of three centuries, the Indian economy was integrated into the world economy as a result of these interactions. The macroeconomic implications of the European encounter for the Indian economy are analysed in detail. Another important area explored at some length is the monetary history of the subcontinent in the early modern period. This collection of essays will be of interest to the historians of India and of the Indian Ocean. It will also have a great deal of appeal for the historians of early modern Asia as well as Europe. Those interested in what is being increasingly described as world history will also find the volume useful.
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About the author

Om Prakash

Om Prakash obtained M.A. (History) from University of Delhi. He was associated with library profession for more than two decades. A prolific writer, he has authored many outstanding books in his area of specialisation. His some books won him wide acclaim.

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Bibliographic information

Title Bullion for Goods: European and Indian Merchants in the Indian Ocean Trade, 1500-1800
Author Om Prakash
Format Hardcover
Date published: 01.01.2004
Edition 1st ed.
Language: English
isbn 8173045380
length 426p., 23cm.
Subjects History